Does any one do Options trading?

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Does any one do Options trading?

I am trying to see if it worth training myself or I am just getting in over my head

Any opinion welcome

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Asked on August 16, 2019 11:43 am
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did you find any books that made covered calls a little clearer?

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Posted by Dan Kent
Answered on October 11, 2019 3:49 pm
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Rookies Guide To Options by Mark Wolfinger is probably the best option for people starting out. Amazing book.

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Posted by Dan Kent
Answered on August 16, 2019 3:57 pm
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There is money to be made in options trading for sure, but you have to know what you're doing.

Covered calls is a very good way to make some extra income for your portfolio, and is generally considered low risk. However, your profits are capped at the price you sold the call option for.

Overall, if you're looking to make a lot of money with options, you'll need to do some heavy research. If you're looking to just make a few extra bucks with your portfolio, covered calls is the way to go. I've moved past it (simply because I don't have the time anymore running Stocktrades) but I used to do it all the time.

Cheers

Dan

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Posted by Dan Kent
Answered on August 16, 2019 1:50 pm